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[NDL] Lottery - Only 30mins Left
This is the final call
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UPDATED
20 tickets and 1hr 20 min remaining
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Thank You.
All Tickets will also get a free slot at the SUPER BUMPER LOTTERY
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Today we have our Holiday Mining- Triple block rewards
Current Network Hashrate : 30Mh/s
Diff: ~0.42
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[NDL] Lottery - Less than 2hrs left.
This your final chance to buy your ticket. Hurry up
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Ok starting a project thread to discuss the creation of a alt coin specifically to increase volume and use in india. phases to the project Phase 1 Discuss the properties of the altcoin. Discuss problem and solutions. Implement Solution to check viability. Discuss and look into impact and viability Whitepaper release Phase 2 Development Testing Phase 3 add support systems. pools, Block Explorer, Exchanges, backup nodes, newbie guide add services Faucet, giveaways, games. Phase 4 logo design, wiki, webpage. IRC channel Phase 5 Release At the moment we can use the #taproom as the main channel for discussion. Will keep this thread updated with every new development. This will be a completely decentralized project, every one is invited to contribute, any thing from skill, advice, solutions, servers and workspace, time, or even the occasional troll  in a few days we can come up with a working model on how the coin should look like. So, what is the purpose ? PROFIT ?  experiment-fun-community |
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Population: India- 1.25Billion Srilanka- 21million Nepal-27.5million Pakistan-180million Indonesia-247million Mauritius-1.3million Seychelles-90000 OK  Thats not much. only less than 2 billion 1250000000 2100000 2750000 18000000 24700000 1300000 90000 1298940000 total Pop 259788000 Total Coins - Pop/5 - Why 5? Average Indian family size. Taking india as it is a large part of the demographic. you made a mistake. millions should have a additional zero The total comes to 1,726,890,000 |
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Ok. Now! i might be deviating from the initial idea... what about a coin exclusive for BRIC - the name is cool
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Population: India- 1.25Billion Srilanka- 21million Nepal-27.5million Pakistan-180million Indonesia-247million Mauritius-1.3million Seychelles-90000 OK Thats not much. only less than 2 billion |
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We can even use Momentum algo like in protoshares- that way its more cpu friendly than scrypt - though even it has a gpu miner released but not much adv over the cpu
not much alt-cryptos are under this algo - to be accurate only 1. but don't know for sure
Invictus Inovation's have much varying and interesting ideas - maybe we can start from there
I looked at it, would it not invite botnets like crazy? bot net will be a problem even if scrypt is used. Ya right. Botnets can be used for scrypt too. but the momentum algo has a amd-opencl miner now- so idon't think people 'll take the efforts for botnets. But yes cloud mining wiill have its share. In the early PTS time i alone used like 50 cloud servers |
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No, 20 billion is too high... more like 1 billion to represent population of india...
Hmmmm! good idea but... But with the "rupia" we can try to represent 7 nations- India, Sri Lanka, Pakistan, Indonesia, Nepal, Seychelles, Mauritious |
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OK! its exciting we started this thread. Here is my idea for the coin:
Block No Reward supply Total supply
0-400,000 20000 8,000,000,000 8,000,000,000
400,001-800,000 10000 4,000,000,000 12,000,000,000
800,001-1,200,000 5000 2,000,000,000 14,000,000,000
1,200,001-1,600,000 2500 1,000,000,000 15,000,000,000
1,600,001-2,000,000 1250 500,000,000 15,500,000,000
2,000,001 and above 500 4,500,000,000 20,000,000,000
Total CAP: 20 Billion
Block Time: 30seconds
Blocks per day:2880
Diff re-target: every 960 blocks(3hrs)
Money supply max out in approx 10.5 years
Which current alt-coin comes closest to a build like this? Its DOGE - only nos changed  |
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We can even use Momentum algo like in protoshares- that way its more cpu friendly than scrypt - though even it has a gpu miner released but not much adv over the cpu
not much alt-cryptos are under this algo - to be accurate only 1. but don't know for sure
Invictus Inovation's have much varying and interesting ideas - maybe we can start from there
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OK! its exciting we started this thread. Here is my idea for the coin:
Block No Reward supply Total supply
0-400,000 20000 8,000,000,000 8,000,000,000
400,001-800,000 10000 4,000,000,000 12,000,000,000
800,001-1,200,000 5000 2,000,000,000 14,000,000,000
1,200,001-1,600,000 2500 1,000,000,000 15,000,000,000
1,600,001-2,000,000 1250 500,000,000 15,500,000,000
2,000,001 and above 500 4,500,000,000 20,000,000,000
Total CAP: 20 Billion
Block Time: 30seconds
Blocks per day:2880
Diff re-target: every 960 blocks(3hrs)
Money supply max out in approx 10.5 years
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How about starting a 'India Coin'  ? If such a coin comes up - it won't be a major hit Maybe - "Ruppia Coin" - Like "USDe" it can represent many of the Asian communities which have rupee has their currency Which one of you sent soo many doge coins ?  I sent only 500. May if we all (Indians) donate even small amounts, we can help them raise more. We amend our mistake of electing the wrong leaders |
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--UPDATED
ONLY 12Hrs left. Buy a ticket soon
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